Oracle lays off thousands in latest sign of tough times for tech industry

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.
The American Bazaar

Social media speculates Oracle layoffs may be linked to H-1B hiring trends

Oracle layoffs spark H1B debate as veteran employees with stock compensation allege targeted cuts amid major AI shift ...

Oracle layoffs: In a first, the 6 AM email that laid off 10,000+ employees did not come from HR

Oracle has begun its largest-ever layoffs, impacting thousands globally without prior notice. Employees received termination emails early Tuesday, with immediate system access revocation. The ...

Oracle layoffs update: Amid thousands of job cuts, US IT firm's big move triggers massive backlash online

US tech giant Oracle has been facing backlash online for filing thousands of foreign workers' petitions at a time when it ...

Oracle Layoffs 2026: 700 Jobs Cut in California as Tech Giant Shifts Focus to AI Expansion

The California-headquartered tech major Oracle, which initiated slashing over 30,000 jobs on March 31, has started recording the dismissals in public filings.

Oracle Appoints Hilary Maxson As CFO With $29.7 Million Package After Firing 30,000 Employees

Hilary Maxson will receive a base salary of $950,000 (Rs. 8.8 crore) with the deal further sweetened by a $26 million (Rs 241.7 crore) equity grant.
Insider Monkey

Jim Cramer’s Must Read Comments About Oracle (ORCL) & OpenAI

We recently published 10 Stocks Jim Cramer Talked About & Revealed Why He’s Critical Of OpenAI. Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer talked about. Oracle Corporation ...